The new incarnation of the Japanese firm, with its founder leaving center stage, will be less flamboyant
By Gearoid Reidy / Bloomberg Opinion
Softbank Group Corp has long stood out for its flamboyant earnings events. As the former telecoms firm morphed into the world’s largest venture capital investor, they had become must-watch material, a kind of psychedelic version of billionaire investor Warren Buffett’s annual letter to shareholders.
Softbank founder Masayoshi Son’s slide decks and comments had it all — golden eggs, flying unicorns, comparisons to Jesus Christ, inexplicable WeWork Inc profit projections.
Even in the bad times, Son would give us a mysterious equation to solve, or a history lesson about an…